Surf, why did you delete your response to my post where you said both assertions you made about the DJIA are correct? Are you no longer sure of that?
Of course I do! That's why I never make claims of "100% certainty" for any given trade as you have done.
No idea of what the latest is but I have seen an equities trader in action grab liquidity from seemingly nowhere and get size off without disturbing the stock. Pretty damn cool. If I traded individual equities, I'd be very interested in trading through them due to these routes they have. I'm not sure how they have these routes but, after talking to a guy who left the biz in 2009 and is now back, this access to dark pool liquidity has made all the difference.
SPY isn't traded in dark pools? A guy I helped get started in the business is now one of their head traders and Kate B from CNBC co-hosted a radio show with me back in 1999 is now their PR/marketing person---- so I know a little about the firm, some of the things I have been told are truly mind blowing, like a Schonfield for the HFT era. surf
Due to smaller tick increment? P. S. Sorry for coming back here, I am not going to pick up any questions that cause Surf's emotional reaction, have my own journal for that purpose now, only find discussion with RR and some other parts of it very interesting.
We are continuing to ride the downwave here, looking for support at 15029 YM to be taken out to drop into the 14900's on the way to a four figure DJIA. All systems go, prepare for the regime shift. Expect some short lived support at the triple zeros surf
Bulls battling to stay relevent, its impossible at this point-- the powers that be have realized their mistakes and reversed direction, prepare for waves of negative news in an attempt to slow and reverse the economic overheating resulting from our overlords unfettered easing measures. It's not going to be pretty... stay tuned.